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OUTLOOK

Structured Finance - China

2021 Outlook - Economic recovery will support asset quality and performance

We forecast China's GDP to recover gradually and ultimately grow by 7% in 2021, after slowing to 2.2% growth in 2020. This recovert, along with good asset quality and low interest rates, will help keep loan delinquencies and defaults low in Chinese auto ABS and RMBS.
Elaine Ng
Vice President – Senior Credit Officer, Structured Finance Group
Moody's Investors Service

INTERACTIVE GRAPHIC

China's GDP